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20121201
20121231
Search Results 0 to 6 of about 7 (some duplicates have been removed)
billion worth of damage to rail subway and port infrastructure in their state. they testified on surface transportation yesterday. >> i call this hearing to order. thank you for joining us, mr. secretary. i asked you to testify today because i'm deeply concerned about the recent report that the f.h.a. could potentially need taxpayer support for the first time in its 78-year history. i would like you to help the committee gain insight into the fiscal challenges at the f.h.a. and what h.u.d. has done and can do to mitigate losses and address the shortfall in the capital reserve ratio. f.h.a. has been helping save lives of the mortgage market by ensuring that qualified lower to moderate income and first time home buyers have access to credit since 1934. since the beginning of the financial crisis, the f.h.a. has increased its market share from below 5% in 2006 to about 30% at its peak volume in 2009, in pursuant of that mission. this cyclical expansion was essential to the mortgage market, especially for first time home buyers who have comprised 78% of single family loans insured by f.h.a.
? and could you comment on where the commercial space ports of the future will be located? >> well, for suborbital manned spaceflight, they can use any airport with a 12,000 foot runway. branson is considering doing it in an isolated place in new mexico. i tried to talk him into doing it in a place where there is an ocean and something worth looking. at any rate, his plan to put spaceports in five or six different countries, he wants to do one or you can let people see the northern lights during your space flight. so he has some really neat ideas about where it could be done. when you look at where funds are available for a space port, there is one planned in dubai. there is not one affordable enough to fly into orbit, so i suggest that we had better solve that problem and then think about what a space port would look like. >> your thoughts on using model aviation as a funnel for youth to get into aircraft engineering, because your friends at the faa are trying to lump us then with the uab program. >> not just the faa. they are now in the air force debating how do you give an air m
as the interest of key countries like you just mentioned, russia, the only port they have outside of russian territory in syria. or after the sanctions on iran, syria became the major importer for weapons from russia. veryimportant issue for russia, as well as iran sending fighters to fight along the lines of the regime. as well as china with the issue of human rights. as long as the international community does not address the interests of the importance stakeholders, that is not really going to help. what is your take on that? >> i think they have very short form policy. i have been in moscow and we met with the russian minister of foreign affairs. syria and russia have a relationship. we need to keep such a relationship, but with such short policies by defending the assad regime, you of making such a relationship very difficult. i think the syrians see russia the same as they see the assad regime. when you see your brother and sister being killed every day -- i have been in syria and i have lots of examples. when the syrian people solve all of this happen for them, of course, they will ch
, was it, was based on our port of 2007, which said that the united states should maximize its oil and gas production, that it should significantly reduce consumption and improve conservation, which led to the direct support for the reinstitution of fuel efficiency standards, which has not been done for 20 years. and to develop to the extent it was liable a biofuel substitute for petroleum. this new report we are releasing today continues these themes with a couple of important caveat. the fantastic revolution that is taking place since our original report and are intermittent reports by the so- called fracking revolution for oil and gas. the significant improvement in national efficiency that has been brought about by technology and the new fuel efficiency standards that were enacted by the bush administration and were increased by the obama administration. the report is not political in any way shape or form. it endorses things that are supported by the right in some cases and that are supported by people on the left. you cannot just take the parts that you like. you have to take the hol
factors is two-income households, all the things that have become a port of our modern society. work flexibility is locational decisions. in the case of the last recession and has been the case up until today. according to karen's research the volatility of household income rose nearly 30% in the last four decades. in addition to these realities, high unemployment and underwater home values have taught us sometimes flexibility and forced people to move and not be burned by people of virtue. the 30-year mortgage doesn't provide flexibility in most cases so we have to provide the flexibility of people relative to the housing and mortgage finance. we also have to challenge the assumptions of the purchase cycle. it's important to tons purchase cycle in which you buy homes has fundamentally changed. macroconditions, the economy strong and growth was high rand house prices continued to rise. a lot of that stuff isn't true anymore. the world looks at the united states and united states looks at itself with a lower growth. if we were sitting in this room in 2003 the forecaster would have exp
Search Results 0 to 6 of about 7 (some duplicates have been removed)